Conceptual flaw, original sin, and misapplications of the Maastricht Treaty -- The Greek memoranda -- Institutional creativity -- The two sides of the coin : constitutional reviews of the crisis legislation -- The Schmittian and the Madisonian moments of the crisis and the fate of the...

This paper analyses regulatory solutions that have been adopted to address constitutional constraints imposed on the functioning of the Single Supervisory Mechanism (SSM), in which the ECB's exclusive supervisory competence is carried out. It argues that the operational framework governing the...